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HMN Financial, Inc.
Computation of Earnings Per Common Share
| Year Ended December 31, | |||||||
---|---|---|---|---|---|---|---|---|
| 2001 | 2000 | 1999 | |||||
Weighted average number of common shares outstanding used in basic earnings per common share calculation | 3,761,115 | 3,831,353 | 4,340,551 | |||||
Net dilutive effect of: | ||||||||
Options | 212,854 | 137,568 | 181,930 | |||||
Restricted stock awards | 509 | 1,767 | 16,828 | |||||
Weighted average number of shares outstanding adjusted for effect of dilutive securities | 3,974,478 | 3,970,688 | 4,539,309 | |||||
Income available to common shareholders | $ | 5,457,616 | 6,702,310 | 6,390,991 | ||||
Basic earnings per common share | $ | 1.45 | 1.75 | 1.47 | ||||
Diluted earnings per common share | $ | 1.37 | 1.69 | 1.41 |
HMN Financial, Inc. Computation of Earnings Per Common Share